Looks good, but are you sure that a 700 gph return pump isn't going to be too much? If you do a DSB, it may end up looking like a 28g fluidized bed filter :? . The squid's a good idea, but w/ that much flow, u'd probably be better off by just using a T so it divides up all that flow. Maybe i'm wrong, and if i am, the current in that tank will rock!